Prasenjit Bhowmik

Dixon Technologies Shares Rise as ₹1,000 Crore Chennai Facility Announced

Dixon Technologies, a leading electronics manufacturing services firm, witnessed a 2% surge in its stock prices following the announcement of its ₹1,000 crore facility near Chennai. The project, set to be established at the Indospace Industrial Park in Oragadam, aims to bolster India’s electronics manufacturing capabilities and create 5,000 jobs in the region. Here are…

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Shashi Tharoor Urges India to Negotiate Trade Deal Amid US Tariff Fallout

Congress MP Shashi Tharoor has voiced serious concerns over the global economic impact of US tariffs, describing the situation as “quite negative” for India and other nations. Speaking at an event in Ahmedabad, Tharoor emphasized the need for India to engage in effective bilateral trade negotiations with the United States to mitigate the adverse effects…

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India Clears Rs 64,000 Crore Deal for Rafale-M Jets to Strengthen Naval Air Power

In a landmark decision, the Cabinet Committee on Security (CCS), chaired by Prime Minister Narendra Modi, has approved the procurement of 26 Rafale-Marine (Rafale-M) fighter jets from France for the Indian Navy. The deal, valued at approximately Rs 64,000 crore, is set to bolster India’s maritime defense capabilities and enhance the operational strength of the…

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Mamata Banerjee Declares Waqf Act Will Not Be Implemented in Bengal

West Bengal Chief Minister Mamata Banerjee has firmly stated that the Waqf (Amendment) Act, 2025, will not be implemented in the state, even under extreme circumstances. Addressing a Jain community event in Kolkata, Banerjee emphasized her commitment to protecting minority communities and their properties, assuring them that Bengal would not adopt divisive policies. Banerjee’s remarks…

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India Halts Transshipment Facilities for Bangladesh Amid Yunus’ Remarks on China

In a significant move, India has terminated its transshipment facilities for Bangladeshi export cargo to third countries, a decision announced shortly after Bangladesh’s interim Chief Adviser Muhammad Yunus called for China’s economic expansion near India’s landlocked northeastern states. The announcement, made on April 8, 2025, by the Central Board of Indirect Taxes and Customs (CBIC),…

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Bangladesh Proposes Duty-Free Cotton Imports to Counter 37% US Tariff

Bangladesh’s Chief Adviser Muhammad Yunus has reached out to US President Donald Trump, proposing a comprehensive trade package to mitigate the impact of the 37% reciprocal tariff imposed on Bangladeshi exports. In a letter to the US administration, Yunus outlined measures to strengthen bilateral trade, including duty-free access for US agricultural products such as cotton,…

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